Montreal Property Tax Rate 2026
The residential rate, what it is made of and what it costs on a home
Montreal's 2026 residential property tax rate is 0.7352% of assessed value, up from 0.7291% in 2025 (+0.8%). A home assessed at $500,000 pays about $3,676 a year, and one at $1,000,000 about $7,352. At that rate, the average home in the Island of Montreal, at $779,646 in August 2026, would pay about $5,732 a year. It is the 2nd lowest of the 8 Quebec cities on this site, where the median is 0.7964%.
What the rate is made of
| Part | Rate | On a $500,000 home |
|---|---|---|
| Municipal (city and borough taxes) | 0.6562% | $3,281 |
| School tax | 0.0790% | $395 |
| Total, 2026 | 0.7352% | $3,676 |
| Total, 2025 | 0.7291% | $3,646 |
It is the median of Montreal's 19 boroughs (Verdun) for a home of 1 to 5 units; boroughs range from 0.7019% (Ville-Marie) to 0.8193% (Anjou).
Property tax at different home values
| Assessed value | Tax a year | A month |
|---|---|---|
| $400,000 | $2,941 | $245 |
| $600,000 | $4,411 | $368 |
| $800,000 | $5,882 | $490 |
| $1,000,000 | $7,352 | $613 |
| $1,500,000 | $11,028 | $919 |
| $2,000,000 | $14,704 | $1,225 |
On a typical home in Montreal
| Home | Price | Tax at the rate | A month |
|---|---|---|---|
| Average home | $779,646 | $5,732 | $478 |
| Single-family | $820,000 median | $6,029 | $502 |
| Condo | $475,000 median | $3,492 | $291 |
Prices from our Island of Montreal report for August 2026, taxed at the rate as if the price were the assessed value. Quebec cities reassess homes every three years, so assessments trail recent prices, and lower their rates when a new roll raises values: a change in the rate is not always a change in the bill. What buying one takes in all: cost to buy in Island of Montreal.
Quebec cities compared
| City | 2026 Rate | 2025 Rate | Change | Tax on $500,000 |
|---|---|---|---|---|
| Laval | 0.6699% | 0.7421% | -9.7%* | $3,349 |
| Montreal | 0.7352% | 0.7291% | +0.8% | $3,676 |
| Lévis | 0.7638% | 0.9130% | -16.3%* | $3,819 |
| Sherbrooke | 0.7723% | 0.7588% | +1.8% | $3,861 |
| Longueuil | 0.8206% | 0.8837% | -7.1%* | $4,103 |
| Quebec City | 0.8254% | 0.8126% | +1.6% | $4,127 |
| Gatineau | 0.8261% | 0.9267% | -10.9%* | $4,130 |
| Trois-Rivières | 1.0761% | 1.0532% | +2.2% | $5,380 |
* The rate changed with a new or phased-in assessment roll, so the bill changed less than the rate: see the city's page.
All of them, with how assessment works in Quebec, on the Quebec property tax rates page.
Montreal Property Tax: Quick Answers
What is the property tax rate in Montreal?
0.7352% of assessed value for a home in 2026, as described below. It is made up of municipal (0.6562%) and school tax (0.0790%).
How much is property tax on a house in Montreal?
About $3,676 a year on a home assessed at $500,000, $5,514 at $750,000 and $7,352 at $1,000,000. On the average home in the Island of Montreal ($779,646), it is about $5,732.
How is property tax calculated in Montreal?
The city multiplies the home's assessed value by the rate: $500,000 × 0.7352% = $3,676. Quebec cities reassess homes every three years, so assessments trail recent prices, and lower their rates when a new roll raises values: a change in the rate is not always a change in the bill.
Did property tax go up in Montreal in 2026?
The rate went up 0.8%, from 0.7291% in 2025 to 0.7352%. A bill also changes with the home's assessment.
Work out your own numbers
- Property tax estimator: the tax on your home's assessed value
- Annual cost of ownership calculator: property tax with insurance, utilities and upkeep
- Understanding property taxes before you buy
- Income needed to buy a home in each city, with property tax in the monthly cost
Other provinces
Source: Montreal, 2026 tax rates; 2025 tax rates. Rates are for a residential home and include the school or education tax; flat fees on the same bill are not included.
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